MG Morning Breeze: Updates to Skim before Market
MG News | August 19, 2026 at 07:44 AM GMT+05:00
August 19, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The Ministry of Energy (Petroleum Division) has revised the ex-depot prices of petroleum products, raising the price of High-Speed Diesel (HSD) by Rs5.27 per litre and Motor Spirit (petrol) by Rs3.34 per litre, effective August 19, 2026. Read more
Google has officially opened its office in Pakistan, marking a significant development for the country’s technology sector and digital economy. Read more
The government of Pakistan has retired a debt of Rs1.85 billion during the week ended August 07, 2026, which brings its total net retirement for ongoing fiscal year 2027 to Rs97.77bn, according to the central bank's weekly estimates. Read more
Broad money (M2), the most widely used measure of money supply in Pakistan, dropped by Rs273.29 billion WoW to Rs44.05 trillion as of August 07, 2026, data released by State Bank of Pakistan (SBP) showed. Read more
Pakistan's trade deficit in July 2026 stood at $3.98bn compared to a deficit of $3.15bn in the same month last year, reflecting a rise of 26.1% YoY, according to provisional data released by the Pakistan Bureau of Statistics (PBS). Read more
Pakistan’s power sector attracted the largest gross foreign direct investment (FDI) inflows in July 2026, receiving $98.1m, according to data released by the State Bank of Pakistan (SBP). Read more
China remained the largest source of foreign direct investment (FDI) into Pakistan in July 2026, with gross inflows of $104.0 million, according to data released by the State Bank of Pakistan (SBP). Read more
The service sector of Pakistan posted a trade deficit of $228 million in July, reflecting an increase of 2.75x (175%) MoM, as compared to a deficit of $83m recorded in the previous month, the latest data released by the State Bank of Pakistan (SBP) showed. Read more
Foreign Direct Investment (FDI) into Pakistan recorded a net inflow of $178.6 million in July FY27, down from $223.5 million reported during the same month of the previous fiscal year, according to the latest official data released by the State Bank of Pakistan (SBP). Read more
Automobile financing in Pakistan has increased to Rs386.29bn in July 2026, witnessing a rise of 1.2% MoM compared to Rs381.69bn recorded in June 2026, according to the latest data released by the central bank. Read more
Pakistan's Large Scale Manufacturing Industries (LSMI) output fell 3.48% year-on-year (YoY) in June 2026 and declined 6.08% month-on-month (MoM), according to provisional data released with base year 2015-16. Read more
Development schemes proposed under Own Source Revenue (OSR) will be prioritized according to public needs and local development requirements, with authorities directed to speed up their preparation and approval process. Read more
Pakistan's Real Effective Exchange Rate (REER) rose to 107.92 in July 2026, up from 106.33 in June 2026, marking a 1.49% month-on-month increase. On a year-on-year basis, the REER climbed 7.94% from 99.98 in July 2025. Read more
Pakistan recorded a current account deficit of $328 million in July 2026, compared with a surplus of $500 million in May and a deficit of $814 million in June, according to data released by the State Bank of Pakistan (SBP). Read more
The National Assembly Standing Committee on Privatization on Tuesday called for timely implementation of its recommendations and directed the relevant authorities to provide complete, accurate and updated information along with necessary follow-up measures. Read more
The return on bank deposits has decreased by 9 basis points to 3.96% in July 2026 compared to the deposit rate of 4.05% last month, according to the latest official data. Read more
Cotton arrivals in factories across Pakistan reached 1,113,513 bales as of August 15, 2026, up 25.48% compared to 887,401 bales in the corresponding period last year, according to data released by the Pakistan Cotton Ginners' Association (PCGA). Read more
The Pakistani rupee extended its appreciation against the US dollar for the 220th consecutive session on Tuesday, with cumulative gains reaching PKR 3.8128, or 1.37%. Read more
The Pakistan Stock Exchange (PSX) witnessed a sharp sell-off on Tuesday, with the benchmark KSE-100 Index plunging 2,547 points as investor sentiment weakened amid renewed political uncertainty and rising oil prices. Read more
The State Bank of Pakistan (SBP) has comprehensively reviewed and updated the Prudential Regulations for Housing Finance, considering the current dynamics of the housing finance sector. Read more
KSB Pumps Company Limited (PSX: KSBP) reported a 12% increase in its net profit for the half-year ended June 30, 2026 (1HCY26), recording Rs171.43m compared to Rs153.56m in the corresponding period last year. Read more
Bank Makramah Limited (PSX: BML) has approved an investment proposal to inject a further Rs10bn into the bank. Read more
Cherat Packaging Limited (PSX: CPPL) recorded an 83% increase in its net profit for the year ended June 30, 2026, with net profit for the year climbing to Rs651.01m from Rs356.43m in the corresponding period last year. Read more
Fast Cables Limited (PSX: FCL) reported a strong 66% increase in its net profit for the fiscal year ended June 30, 2026, reaching Rs2.11bn compared to Rs1.27bn in the preceding year. Read more
Gold price in Pakistan remained unchanged on Tuesday, with 24-karat gold being sold at Rs461,936 per tola, unchanged from the previous session. Read more
A 60-day window for reaching a wider US-Iran agreement expired on Monday without a comprehensive deal, prompting UN Secretary-General Antonio Guterres to again press both sides to return to the negotiating table. Read more
Greater youth participation in Pakistan’s climate and water policymaking is needed to bridge the gap between policy decisions and their implementation on the ground, Federal Minister for Climate Change and Environmental Coordination Dr Musadik Malik said Tuesday. Read more
Pakistan and China could deepen industrial collaboration in robotics manufacturing, with joint laboratories, localisation-focused joint ventures and long-term engineer training seen as ways to close Pakistan's gap in precision component manufacturing, according to a Pakistani robotics firm. Read more
Samba Bank Limited has received an intimation of extension in the timeline for the Public Announcement of Offer (PAO) to acquire 84.51% shares and control of the bank by Najd Gateway Holding Company (the "Acquirer"). Read more
The Securities and Exchange Commission of Pakistan (SECP) has approved the public offering of New Nazimabad Apartments REIT, marking the 13th public offering on the Pakistan Stock Exchange in 2026. Read more
Pakistan and Turkiye have reaffirmed their commitment to further strengthening cooperation on matters of mutual interest, agreeing that dialogue and diplomacy remain the way forward to address regional challenges and promote peace and stability. Read more
A clear and effective legal framework is needed to remove legal ambiguities relating to Right of Way, with a transparent and workable mechanism required for the use of Right of Way for telecommunication infrastructure, a committee reviewing provisions under the Pakistan Telecommunication (Re-organization) Amendment Bill 2026 has said. Read more
Masood Textile Mills Limited (PSX:MSOT) has successfully commissioned an aggregate solar photovoltaic capacity of 6.2 MW, which is currently operational. Read more
The Federal Board of Revenue's (FBR) Domain Team has referred a set of policy concerns raised by the Karachi Tax Bar Association (KTBA) including the timing of refund applications, issuance of deemed assessment orders, and revision of returns to the Policy Wing for further consideration, while clarifying that these matters fall within existing policy, including the 15-day deemed assessment rule. Read more
Prime Minister Shehbaz Sharif has directed the National Information Technology Board (NITB) to pay special attention to providing citizens with easy, efficient and modern digital services. Read more
The Khyber Pakhtunkhwa government has called for the early execution of the Chashma Lift Canal Project, terming it a long-standing demand of the province's people and a scheme of national importance for Pakistan's agricultural and economic development. Read more
Pakistan's power generation rose 7% year-on-year to 15,122 GWh in July 2026, marking the second-highest output for the month on record, driven by the highest-ever hydel, local coal and imported coal generation. Read more
SPEL Limited (PSX: SPEL) reported a 9% decline in its net profit for the fiscal year ended June 30, 2026, recording Rs1.14bn compared to Rs1.25bn in the preceding year. Read more
Oil prices climbed on Tuesday as hopes for a lasting end to the Iran-US conflict weakened, raising fresh concerns over crude supplies through key shipping routes. Read more
Pakistan’s largest refiner Cnergyico is increasing purchases of U.S. crude as the disruption around the Strait of Hormuz prompts Islamabad to diversify oil supplies and reduce reliance on Gulf shipping routes. Read more
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| BITCOIN FUTURES | 64,330.00 | 64,885.00 64,330.00 | -385.00 -0.59% |
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| SUGAR #11 WORLD | 17.48 | 17.59 16.89 | 0.61 3.62% |
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